June 28, 2022
The Formula for Winning a Progressive Slot Jackpot
- There is no one strategy for winning a progressive jackpot slot, but you can improve your chances by playing progressive slots that pay out more often.
- You may be able to figure out what the jackpot limit is for a progressive slot, which can help you better time your play.
- You can only qualify for the top progressive slot jackpot amount when you bet the maximum on your winning spin.
Progressive slots are slot games where a small portion of every player’s wager is added to a growing jackpot. When someone hits the right trigger, they win the huge amount of money that’s built up. A jackpot’s amount can vary depending on how many people play the slot, the maximum amount and payout rate the game is programmed with, and how the jackpot prize is triggered.
But like playing other slots, it’s hard to develop a slots strategy that can actually help you overcome the randomness of the game and score that huge prize. Since we’ve listed the biggest slot wins of all time, we wanted to share with you the tips and tricks we’ve gleaned from these amazing gaming feats to help you win a progressive slot jackpot.
Keep an Eye on Rising Progressive Jackpots
One of the most widely accepted “strategies” for winning a progressive slot is to know which ones are close to paying out. Some progressive slots are set up to hit when the jackpot reaches (or nears) a certain amount. But it’s practically impossible to find legitimate information about what that amount is for every progressive slot out there.
The best way to get this information is to research past jackpot wins for a specific game. You’ll see that winners were awarded roughly the same amount, give or take a few thousand (or tens of thousands of) dollars. If you’re in New Jersey, you’re in luck — the state government requires casinos to report their jackpot wins over $50,000.
Review these publications for the previous few months to spot the patterns in the payout amounts for specific games and casinos. For instance, you might see that a game at three different casinos paid out prizes like $325,000, $320,000, and $345,000. That means the slot typically pays out around the $330k mark.
While a high jackpot amount doesn’t always guarantee that it will hit soon, it does indicate that it’s a jackpot worth going after if you really want to win a life-changing prize. Unless you’re exceptionally lucky, you will probably end up wagering a good bit of money to win a progressive jackpot. So, it might be more worth your time and money to go after a huge jackpot rather than a smaller one.
Choose a Small-Network Progressive Jackpot
A small-network progressive jackpot is one that doesn’t have as many machines (in-person slots) or casino connections (online slots). This can make it easier to keep track of past jackpot wins and the amounts, which can help you better identify when/if a prize is about to drop.
Small-network progressive jackpots don’t have as many players as other, really popular progressive jackpots. Playing these jackpots can improve the likelihood of the big winner being you. That’s because you’ll have less competition to win.
The biggest trade-off with this strategy is that the jackpot amounts tend to be lower since there are fewer players contributing to the growing prize. But if you’re okay with winning less and you’re more focused on winning any decent progressive jackpot, then this strategy may be a good option for you.
You can find small-network progressive jackpot slots by looking for casino-exclusive games (since only players at that casino can play the slot) and those with low jackpot amounts and payouts.
Focus on Slots in a Large Progressive Jackpot Network
Alternatively, if you’re more interested in the biggest possible jackpots, you can spend more time playing slots that are connected to a large network of players all contributing to the jackpot. Doing so increases your chances of winning an even more life-changing amount. For instance, you may want to play MegaJackpots progressive slots at any online New Jersey casino that has them.
Bet the Max for Every Spin
Every slot has a paytable that shows you how much you can win for every winning combination and at every betting increment. You’ll see that, if you want to win the best-possible prize for every successful spin, then you have to bet the max amount each time you pull the lever/press the button.
Your wager on a progressive slot determines your return in the same way. You only qualify for the full progressive jackpot prize if you’ve met the betting requirements. Always read the paytable before you start betting to make sure you’re putting your money toward the prize you want.
Look for Progressive Jackpots That Have a History of Paying Out
You can win by spinning at just the right time when the jackpot amount nears its limit, or you can win by hitting the special winning combination that triggers the jackpot randomly. Either way, playing a jackpot that pays out more often means you may have a better chance of getting a win for yourself.
Here are some progressive jackpots at online casinos in New Jersey with a generous history of paying out:
- Megabucks: This progressive jackpot slot awarded a lucky player the highest-ever slot win of all time in 2003, and it awarded 10 out of the 13 biggest slot wins on our list.
- MegaJackpots: This is a progressive slot network through which you can play many different slots for a chance to win a huge jackpot prize. The Cleopatra MegaJackpots is very generous, and you can find it at Mohegan Sun, Caesars, Resorts, Borgata, and other online casinos in New Jersey.
- Mega Moolah: This popular progressive slot in Europe changed the lives of two U.K. jackpot winners in 2015 and 2016.
- Wheel of Fortune: This progressive jackpot awarded two U.S.-based winners, including one in New Jersey. You can find Wheel of Fortune: On Air at New Jersey online casinos like Resorts and Borgata.
Play at a Casino With a Great Payout Record
According to our list of the top jackpot games at online New Jersey casinos, Golden Nugget has the highest number of popular jackpot slots. What’s more, Golden Nugget online casino appears more than 50 times on New Jersey’s list of jackpots over $50,000 from January 2022 to June 2022. However, Borgata online casino appears 130 times on that list, and MGM’s online casino appears nearly 100 times.
There seems to be a lot of luck over at these three online New Jersey casinos. But note that not all of these appearances are for progressive jackpot wins (though many are!).
Spin Your Way to a Progressive Jackpot
Now that you have the secret formula for winning a huge jackpot slot prize, test out your new slot strategy at your favorite online casino in New Jersey. We’ve reviewed all the legal online casinos in the state to give you important insight into each casino’s game selection — including their progressive slot options — their customer service, and their welcome bonus offers for new players.